VF Corp, the company that owns Timberland, Vans, and the North Face, has decided to stop buying Brazilian leather in response to slow action by Brazil to battle Amazon fires. Yahoo Finance’s Dan Roberts, Kristin Myers and Heidi Chung discuss.

Sportsman's Warehouse Holdings, Inc. ("Sportsman's" or the “Company”) (SPWH) today announced that Philip C. Williamson has been appointed to the Company's Board of Directors, effective September 12, 2019. Joseph Schneider, Chairman of the Board of Directors, stated, “We are pleased to welcome Philip to our Board. Jon Barker, Chief Executive Officer, said, “Philip will complement the strength of our Board of Directors given his extensive leadership experience and significant brand knowledge obtained while at the leading provider of high quality, affordably priced workwear and accessories.

On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about unusually high options activity in VF Corp (NYSE: VFC). Najarian said that the stock looks like it wants to break out on the upside and he decided to jump in the trade. Jon Najarian bought the Jan. $27 calls in Vistra Energy Corp (NYSE: VST) after he saw unusually high volume in the strike.

VF Corporation is not relying on Vans to keep it moving in the future. The company has proven its capability to be one step ahead of the Birkenstocks of the world when it comes to fashion trends and consumer loyalty with intelligent leadership.

Low-cost fashion retailer H&M said Friday it is suspending leather purchases from Brazil to make sure it is not supporting cattle farming that may be contributing to the fires in the Amazon rainforest.

Welcome to the latest episode of the Full-Court Finance podcast where Associate Stock Strategist Ben Rains dives into everything investors need to know about Lululemon (LULU) stock before the company reports its Q2 earnings results on Thursday...

WASHINGTON/BRASILIA, Aug 30 (Reuters) - Brazil's foreign minister and President Jair Bolsonaro's son met with U.S. President Donald Trump on Friday to discuss the fires ravaging the Amazon rainforest, although no concrete measures to deal with the blazes were announced. Speaking to reporters following the meeting, Eduardo Bolsonaro said there could be an announcement later, potentially after his return to Brasilia on Saturday and consultations with his father. Bolsonaro has said he will appoint Eduardo as Brazil's ambassador to the United States, but the controversial nomination has yet to be sent to the Senate for voting and confirmation.

BRASILIA/RIO DE JANEIRO, Aug 29 (Reuters) - Fires in Brazil's Amazon rainforest have receded slightly since President Jair Bolsonaro sent in the military to help battle the blazes, but international fallout accelerated as a major shoemaker said it would not buy supplies from Brazil. Brazil has registered 2,696 fires in the Amazon in the five days since Saturday, when the military began on-the-ground firefighting efforts, according to data from Brazil's space research agency INPE.

BRASILIA/RIO DE JANEIRO (Reuters) - Fires in Brazil's Amazon rainforest have receded slightly since President Jair Bolsonaro sent in the military to help battle the blazes, but international fallout accelerated as a major shoemaker said it would not buy supplies from Brazil. Brazil has registered 2,696 fires in the Amazon in the five days since Saturday, when the military began on-the-ground firefighting efforts, according to data from Brazil's space research agency INPE. The thousands of fires tearing through the Amazon have spawned an international crisis for Brazil, with public protests and world leaders voicing concern that Bolsonaro's government is doing too little to protect the world's largest tropical rainforest.

Fans of Greek mythology know Nike as the goddess of victory, and winning usually describes both Nike (NYSE:NKE) stock and the company itself. Recently, though, the U.S.-China trade war has hurt Nike stock. However, strong product development and marketing have delivered decades of gains with few interruptions.Source: Shutterstock Those who buy NKE stock should win in the long-term no matter when they buy. Still, profiting in the short term requires a sense of timing. Investors should always weigh headwinds against the company's products and marketing before pulling the trigger. Outside Forces Will Hurt NKE Stock, but It Should Bounce BackWithout question, the U.S.-China trade war has impacted Nike stock in recent trading sessions. Though NKE has still risen for 2019, it has fallen by almost 10% from the 52-week high set in mid-July. It is hardly immune to bearish pressures. Its last one occurred in 2016.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, the yield curve inverted earlier this month. In past economic cycles, this has signaled a looming recession. While economic expansions do not have to end in theory, the average expansionary period since 1945 has run for less than five years. Considering that the current economic cycle began more than ten years ago, a recession remains a looming risk factor. * 7 "Boring" Stocks With Exciting Prospects Still, NKE stock has long served investors well. Falling to a low of $9.56 per share in 2009, it has now risen by more than nine-fold. Moreover, it has long maintained a healthy price-earnings (PE) ratio. The average PE over the last five years has come in at 34.74. Even during the financial crisis, this metric consistently stayed above 20. With a current PE of about 33, it trades close to normal levels amid a trade war.For now, the forward PE ratio stands at about 24.2. Analysts also forecast earnings increases of 16.5% in this year of 2020 and 16.9% next year. This factors in the effects of the trade war. Earnings estimates for the year stand at $2.90 per share. This estimate was $3.02 per share 60 days ago, but I see profits holding up well despite more challenging conditions.Marketing also remains on point. As William White points out, Nike has introduced the Nike Adventure Club. For a subscription fee, this will allow parents to get their kids' new shoes between four and 12 times per year. This provides a huge benefit to parents with fast-growing children who seem to always need new shoes. Nike Well-Positioned to Weather Political StormsNike should also continue to mitigate the politics of its business. As Dana Blankenhorn argues, Nike does not depend as heavily on China as some might think. To make this point, he cites the Nike Manufacturing Map, which shows activity in 41 countries. It also points to increased activity in places such as Vietnam, Cambodia, and Indonesia.About 18% of Nike's manufacturing now occurs in China. Hence, Nike looks better-positioned than peers such as adidas (OTCMKTS:ADDYY) and V.F. Corporation (NASDAQ:VFC) when it comes to its involvement in the People's Republic.Nike stock has also defied predictions about the Colin Kaepernick ad. These ads infuriated millions of Americans. Still, contrary to the belief of some, both revenues and the share price have risen despite this anger.Nike bases itself in Beaverton, Oregon. However, this North America base only accounts for about 42.7% of Nike sales. From that standpoint, it makes sense that Nike stock could absorb the fallout from such a controversy. Should I Buy Nike Stock?Nike stock remains a long-term winner. However, the company faces considerable headwinds at this time. Nike continues to stay well-positioned to minimize the effects of the trade war. Still, I would not expect total immunity for NKE stock. Moreover, if predictions of a recession prove true, NKE could struggle for some time to come.Still, investors need to take any negativity about Nike stock with a grain of salt. NKE stock is in no way a sell. Even if the worst fears about trade wars or recessions come true, I would not expect NKE to become cheap. Investors should view the prospect of a current PE ratio below 20 as highly improbable. If the current valuation falls below 25, investors should buy.Investors will probably profit in the long run regardless of when they buy Nike stock. Although nobody should expect to buy NKE on the cheap, they might do better than the current 33-times earnings.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Nike Stock Is a Long-Term Buy That Calls for Short-Term Patience appeared first on InvestorPlace.

Colorado officials spent five months pursuing the Outdoor Retailer shows with the ardor of a smitten teenager, presenting detailed business plans on why the event should leave its longtime home in Salt Lake City to move east and offering up a $1.7 million incentive bouquet for organizers to use to help market themselves to their new community. Nathan Fey, director of the Colorado Outdoor Recreation Industry Office, said Thursday morning that he believes the group’s decision to combine the November show with its already scheduled Outdoor Retailer Snow Show in January will “best represent the industry,” and Gov. Jared Polis later in the day lauded the economic impact of the downsized event and said the state could look at other ways it may be able to help the show.